May 12, 2026
TOWSON, Md. – KLNB, the Mid-Atlantic’s largest privately held commercial real estate brokerage firm, is pleased to announce that its Capital Markets team has successfully secured the $2.65 million sale of 400 E. Joppa Road in Towson, Maryland, a 16,000-square-foot, four-story office building prominently located in the heart of Towson. The transaction was led by Senior Vice President Don Schline and Principal Joe Nolan, SIOR.
KLNB exclusively marketed the property over a four-month campaign, generating exceptional investor interest and ultimately procuring multiple full-price offers on behalf of the seller. The building was acquired by an owner-user investment group that will occupy a portion of the building while retaining its existing tenant base.
Situated at the corner of E. Joppa Road and Fairmount Avenue, 400 E. Joppa Road offers immediate proximity to Downtown Towson, Towson University, Towson Town Center, and Greater Baltimore Medical Center.
"Well-located office buildings continue to be compelling wealth-generation vehicles for companies looking beyond traditional leasing," said Schline. "Ownership provides real advantages like equity building, tax benefits, and long-term financial stability, that leasing simply can't replicate. While the office market has faced headwinds in the post-pandemic environment, this transaction is a testament to the enduring value of quality, strategically positioned assets.”
The building features 56 on-site parking spaces, prominent building signage visible to more than 21,000 vehicles per day and has benefited from significant recent capital improvements including a new roof, new HVAC systems, and updated common areas.
For press inquiries about KLNB or this news, please contact Roger Mecca, [email protected] or 410.732.6542.
About KLNB
KLNB is a leading provider of commercial real estate services throughout the Mid-Atlantic region. An independently owned and operated commercial brokerage and real estate services firm, KLNB provides a variety of services including tenant and landlord representation, leasing, consulting, capital markets, property management, research, marketing, branding, and financing services. More than 120 full-time brokerage professionals work across KLNB’s five offices strategically located throughout the Washington, D.C. / Baltimore region. http://klnb.comR
KLNB Announces $2.65 Million Sale of Office Building in Towson, Maryland
KLNB, the Mid-Atlantic’s largest privately held commercial real estate brokerage firm, is pleased to announce that its Capital Markets team has successfully secured the $2.65 million sale of 400 E. Joppa Road in Towson, Maryland, a 16,000-square-foot, four-story office building prominently located in the heart of Towson. The transaction was led by Senior Vice President Don Schline and Principal Joe Nolan, SIOR. Please credit KLNB with any photos.
May 12, 2026
